🆘 Risk management in speculation and investment in the cryptocurrency market

🌐 This primarily involves strict control by the trader over their open positions, regardless of their trading style and the time frame of holding positions.

❗️ Investments and trading in the crypto market, despite potentially high profits, come with high risks!

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Even a technically correct setup may not work, and the market may go against you, resulting in a loss on the position. Therefore, it is crucial to strictly adhere to risk/money management and, first of all, learn not to lose your deposit, and only then to increase it. Out of 30 trades, it is quite normal for 10 to be losing, while the other 20 lead to profit in the long run.

Before investing in cryptocurrencies or trading futures, it is essential to determine the amount of your trading deposit, the complete loss of which will not have serious consequences for your capital.
Typically, this is no more than 10-20% of the total amount of free funds.
This will help avoid emotional reactions to market volatility and maintain calm.

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A high level of risk should be justified by potentially high returns.
Be conscious of your actions. Do not invest more than you can afford to lose.

Before opening futures trades or spot purchases, it is necessary to understand what and why you are doing it, to study the fundamentals of the coin, the overall trend and direction of the market, what your expectations for potential profit are, and what size of loss in case of an unsuccessful outcome will be acceptable for you.

To minimize losses from individual trades, it is important not to open them for amounts greater than a certain percentage of your trading deposit. Typically, this level is no more than 1-3%.